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Market Report, "United Arab Emirates Consumer Electronics Report Q1 2014", published


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2014-01-26 17:05:30 - Fast Market Research recommends "United Arab Emirates Consumer Electronics Report Q1 2014" from Business Monitor International, now available

We expect the continued influx of visitors into the UAE as tourists and expatriate workers, as well as positive business sentiments and a private consumption outlook, will sustain demand for consumer electronics products across the three segments of PCs, AV devices and handsets. Over the next few years, we expect more product innovation, distribution channel expansion and aggressive marketing strategies from local and international vendors as they aim to take advantage of the market's strong growth outlook.

Headline Expenditure Projections

Computer Sales: US$2.2bn in 2013 to US$2.7bn in 2017. Windows 8 tablets and ultrabooks should provide growth, with consumers increasingly interested in services that can be used wirelessly.

Full Report Details at
- www.fastmr.com/prod/763939_united_arab_emirates_consumer_electro ..

AV Sales: US$1.4bn in 2013 to US$1.7bn in 2017.

We believe flat-screen TV sets will remain the main growth driver.

Handset Sales: US$508mn in 2013 to US$694mn in 2017. Smartphone demand is rising rapidly, and will be further boosted by the strong take-up of 4G LTE subscriptions.

Key Trends & Developments

A survey conducted by Plug Ins concluded that consumers in the UAE spend an average of AED3,000 on consumer electronics per year. This outcome is in line with BMI's data, which estimates the value of the consumer electronics market at around US$4bn in 2013. The first-of-its-kind survey looked at four key categories - smartphones, TVs, latops/tablets and cameras - and was conducted through multiple channels including online and across multiple stores. The survey also revealed 51.4% of the respondents believe their purchase decisions are affected by online reviews/research, compared with only 22.4% who suggest their purchases were affected by print media, while 59.2% said they are influenced by in-store communication prior to purchase.

On August 19 2013, the UAE's TRA published findings on the country's handsets market as part of its state of the market study for Q213. The key outcome of the study is Nokia's continued dominance of the handsets market in the Gulf state. According to the TRA's report, Nokia devices accounted for around 56.4% of the handsets registered on mobile networks in the UAE. BlackBerry pulled ahead into second place this quarter, with a share of 13.8%, while Samsung's share remained stable at 10.7% of the market. Apple handsets came in fourth place, accounting for a 7.4% market share. Nokia's Symbian operating system (OS) also dominated the OS market, with around 38% market share. Nokia's dominance of the UAE's handsets market mirrors its performance in many other emerging markets where it has built a strong reputation for certain features that appeal to consumers across different income levels, such as durability and affordability.

Report Table of Contents:

The table of contents for this report is available upon request.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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